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Renew Power Signs MoU with Maharashtra Govt for Rs 14K Cr Investment

As per reports, a Memorandum of Understanding (MoU) was signed at the three-day investment summit “Magnetic Maharashtra: Convergence 2018” held in the financial capital of the country.   In a significant development, Indian renewable energy company ReNew Power has said it has signed a pact with the Government of Maharashtra to facilitate a proposed investment […]

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Electric Vehicles India is Shifting Gears

ELECTRIC VEHICLES ARE NOT GOING TO TAKE THE MARKET BY STORM, BUT IT’S GOING TO BE A GRADUAL IMPROVEMENT. The automobile sector in India is one of the largest growing markets of the world, and contributes highly to the nation’s manufacturing facilities. Not only this, the automobile domain is further expected to pull up the […]

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Solar Projects: Yes Bank to Mobilise USD 1 Billion by 2023 for Clean Energy

Yes Bank made at the the announcement at the International Solar Alliance (ISA) conference organised at World Future Energy Summit 2018 in Abu Dhabi. In a significant development, Yes Bank, India’s fifth largest private sector bank, said it will mobilise USD 1 billion by 2023 for financing solar energy projects in India. The announcement was […]

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Cheap Chinese Imports Push Out Local Solar Players

Aside from a couple of enormous players, for example, Tata Power Solar, solar thermal makers are generally in the little or medium scale section and give around one lakh occupations. The National Solar Mission may have set an objective of 20 million m2 (meter square) solar thermal limit with ‘Make in India’ boards, however the […]

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Uttar Pradesh to Invite Bids for 100 MW Solar Power Projects in March

According to a senior state ministry official the bids are for solar projects on open access basis to be set up in the Bundelkhand region. Boosted by the successful implementation of solar projects in states like Karnataka and Gujarat, the Uttar Pradesh government is planning to invite bids for 100 MW of solar power projects […]

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ReNew Power Raises Rs 2,235 Crore From NCD

The issuance comes in two parts: the first, a credit enhanced NCD worth Rs 760 crore and the second, a multi-issuer cross-collateralised rupee bond involving multiple power distribution companies. ReNew Power Ventures Pvt. Ltd, one of India’s leading clean energy companies, has stated the closure of the issue of non-convertible debentures (NCDs) collectively worth Rs […]

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MYSUN Founder and CEO Wins 11th Edition of ENERTIA Award

MYSUN’s Gagan Vermani was felicitated at the 11th edition of the Prakashmay ENERTIA Awards, 2017, which was held at the SCOPE Convention Centre. MYSUN Founder and CEO, Gagan Vermani has received the prestigious ‘Power and Energy Persona of the Decade – Innovative work in Decentralised & Distributed Solar’ ENERTIA Award. The award, which recognizes excellence in sustainable […]

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Solar Micro Grids of 1899 Kwp Installed In India

Singh informed that MNRE has provided financial support up to 30% of the cost of micro and mini-grids systems for installation in the rural areas of the country. The design capacity of micro grid depends upon the requirement to be catered. As many as 63 solar micro grids of 1899 kilo Watt power (kWp) aggregated […]

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GAIL Installs India’s Second Largest Rooftop Solar Plant in Uttar Pradesh

The rooftop solar plant in Uttar Pradesh will generate over 79 lakh kilowatt hour (KWh) of electricity. State-run gas transmission utility GAIL India Limited said it has commissioned the country’s second biggest rooftop solar power plant in Uttar Pradesh. The firm has installed 5.76 megawatt peak (MWp) captive solar plant at its petrochemical complex at […]

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